How often do you consider security features before you decide that you want to sign up with an online broker? I am asking this question because the cryptocurrency market is still relatively new and a lot of new traders are trading for the first time and they are young. They can focus on profits too much at times and completely ignore other important features. That’s what I want to talk about in this Buy Crypto Market and also tell you why I think this platform can really pacify any trader with its security features.
It shouldn’t be just me who worries about the security of traders. In fact, every trader should take this point seriously and if you already do, I am sure you want to know more about Buy Crypto Market as soon as possible. So, let’s know more in the review without waiting any further.
Account Login and Information
Let’s talk about the two things that should matter the most to any trader in the world i.e. your trading account and your information. How can the platform you have signed up with protect your information? Well, the first thing they have to ensure is that their website has proper SSL certificates. Secondly, they should be encrypting all your data with the latest 256-bit encryption protocols. Moreover, the information you give out should be stored on secure servers. I can tell you with confidence that the way Buy Crypto Market stores your information is not available to the staff and employees.
As for your login, the company is using 2FA authentication to ensure you have two ways to identify yourself before you log into your trading account. It also monitors your account to see any suspicious activities and take action immediately.
Funds Deposits and Withdrawals
Before I get into the security side of things, I would like to tell you that this cryptocurrency broker does not charge you anything on your deposits and withdrawals. Yes, you can finally get your money and fund your account without worrying about the platform taking a chunk out of it. Now for the security, I would have to say that the segregation of accounts is definitely a great step from the company. It keeps your funds separate from its own funds and ensures that all of the money goes into regulated banks only. The money is available to you as soon as you make a withdrawal request.
How quickly you get the money depends on the method you choose for your withdrawal. When it comes to deposits, you can use Visa and Mastercard cards, debit and credit both. You can use internet payment transfer methods for quick transfers. It also opens doors for traders to transfer funds right from their crypto wallets to their online trading accounts. You can make all of these requests from your online trading account and transfer funds using only the method you rely on the most.
KYC and AML Compliance
The company has taken the vow to protect its trading platform from illegitimate activities too. So, when you sign up on the platform, you will have to give out your personal details, identification information, and also your physical location. This data will help the platform recognize you as a real person with real details. Your banking details will have to be shared too and they have to match the information on your ID card. Without these details, you won’t be able to sign up or make transfers. All of these standards are in place because Buy Crypto Market adheres to the contents of the KYC and AML policies.
Final Thoughts
So, if you are looking for a broker that you think should be extra careful and vigilant with its security features, I think you will find one after reading this review. Of course, I don’t want to force you into the decision. You can always compare this platform with others and see if its fares against them and satisfies your trading needs.